Professional Documents
Culture Documents
May 2016 State Release
May 2016 State Release
May 2016 State Release
2015 2015 2015 2015 2015 2015 2015 2015 2016 2016 2016 2016 2016
N.C.
5.8
5.8
5.7
5.7
5.7
5.6
5.6
5.6
5.6
5.5
5.5
5.4
5.1
U.S.
5.5
5.3
5.3
5.1
5.1
5.0
5.0
5.0
4.9
4.9
5.0
5.0
4.7
Please note: 2015 numbers have been annually revised
Since May 2015, Total Nonfarm jobs gained 78,100 with the Total Private sector growing by 75,700
and Government increasing by 2,400. The largest over-the-year increase among major industries was
Trade, Transportation & Utilities at 23,700, followed by Professional & Business Services, 23,200;
Leisure & Hospitality Services, 12,900; Education & Health Services, 7,300; Construction, 6,400;
Other Services, 5,100; Government, 2,400; and Mining & Logging, 100. Major industries
experiencing decreases were Manufacturing, 2,000; Information, 700; and Financial Activities, 300.
The next unemployment update is scheduled for Wednesday, June 29, 2016 when the county
unemployment rates for May 2016 will be released.
This information may be accessed on the Commerce website at http://www.nccommerce.com/lead
North Carolina data is embargoed until 10:00 A.M. Friday, June 17, 2016
May 2016
April 2016
Month Ago
Numeric
Percent
Change
Change
May 2015
Year Ago
Numeric
Percent
Change
Change
North Carolina
(Local Area Unemployment Statistics)
Smoothed Seasonally Adjusted
Labor Force
4,868,886
4,875,605
4,752,141
-6,719
-0.1
116,745
2.5
Employed
4,618,342
4,611,472
4,476,319
6,870
0.1
142,023
3.2
250,544
264,133
275,822
-13,589
-5.1
-25,278
-9.2
5.1
5.4
5.8
-0.3
xxx
-0.7
xxx
Labor Force
4,856,521
4,855,686
4,827,901
835
< 0.1
28,620
0.6
Employed
4,626,542
4,613,321
4,537,917
13,221
0.3
88,625
2.0
229,979
242,365
289,984
-12,386
-5.1
-60,005
-20.7
4.7
5.0
6.0
-0.3
xxx
-1.3
xxx
Labor Force
158,466,000
158,924,000
157,367,000
-458,000
-0.3
xxx
xxx
Employed
151,030,000
151,004,000
148,748,000
26,000
< 0.1
xxx
xxx
7,436,000
7,920,000
8,619,000
-484,000
-6.1
xxx
xxx
4.7
5.0
5.5
-0.3
xxx
xxx
xxx
Labor Force
158,800,000
158,488,000
157,719,000
312,000
0.2
xxx
xxx
Employed
151,594,000
151,075,000
149,349,000
519,000
0.3
xxx
xxx
7,207,000
7,413,000
8,370,000
-206,000
-2.8
xxx
xxx
4.5
4.7
5.3
-0.2
xxx
xxx
xxx
Unemployed
Unemployment Rate
Not Seasonally Adjusted
Unemployed
Unemployment Rate
United States
(Current Population Survey)
Seasonally Adjusted
Unemployed
Unemployment Rate
Not Seasonally Adjusted
Unemployed
Unemployment Rate
*Effective January 2016, updated US population estimates are used in the national labor force estimates,
The annual population adjustments affect the comparability of national labor force estimates over time.
2016 estimates for the current month are preliminary. Estimates for the previous month have undergone monthly revision.
2015 estimates have undergone annual revision.
North Carolina data is embargoed until 10:00 A.M., Friday, June 17, 2016
Month Ago
May 2016
April 2016
Numeric
Change
May 2015
Year Ago
Percent
Change
Numeric
Change
Percent
Change
North Carolina
(Current Employment Statistics)
Seasonally Adjusted
Total Nonfarm
4,307,700
4,309,300
4,229,600
-1,600
> -0.1
78,100
1.8
Total Private
3,584,800
3,588,600
3,509,100
-3,800
-0.1
75,700
2.2
5,600
5,400
5,500
200
3.7
100
1.8
Construction
195,000
197,700
188,600
-2,700
-1.4
6,400
3.4
Manufacturing
458,300
455,600
460,300
2,700
0.6
-2,000
-0.4
817,900
817,800
794,200
100
<0.1
23,700
3.0
75,800
75,400
76,500
400
0.5
-700
-0.9
Financial Activities
217,700
220,200
218,000
-2,500
-1.1
-300
-0.1
608,600
612,100
585,400
-3,500
-0.6
23,200
4.0
580,400
577,800
573,100
2,600
0.4
7,300
1.3
469,500
471,400
456,600
-1,900
-0.4
12,900
2.8
Other Services
156,000
155,200
150,900
800
0.5
5,100
3.4
Government
722,900
720,700
720,500
2,200
0.3
2,400
0.3
Total Nonfarm
4,340,200
4,322,900
4,266,800
17,300
0.4
73,400
1.7
Total Private
3,594,000
3,577,600
3,526,000
16,400
0.5
68,000
1.9
5,600
5,400
5,500
200
3.7
100
1.8
Construction
195,700
196,200
190,100
-500
-0.3
5,600
2.9
Manufacturing
456,100
454,300
459,900
1,800
0.4
-3,800
-0.8
816,900
812,900
793,300
4,000
0.5
23,600
3.0
75,200
74,700
76,200
500
0.7
-1,000
-1.3
Financial Activities
217,200
218,600
218,400
-1,400
-0.6
-1,200
-0.5
608,300
612,100
586,100
-3,800
-0.6
22,200
3.8
581,600
580,900
575,100
700
0.1
6,500
1.1
481,300
467,100
469,300
14,200
3.0
12,000
2.6
Other Services
156,100
155,400
152,100
700
0.5
4,000
2.6
Government
746,200
745,300
740,800
900
0.1
5,400
0.7
Information
North Carolina
(Current Employment Statistics)
Not Seasonally Adjusted
Information
$17.60
$17.46
$17.00
41.9
42.4
42.5
All 2016 Labor Force and CES data for the current month are preliminary.
All 2015 Labor Force and CES estimates have been benchmarked.
Estimates may not add to totals due to rounding.
Technical Notes
This release presents labor force and unemployment estimates from the Local Area Unemployment
Statistics (LAUS) program. Also presented are nonfarm payroll employment estimates the Current
Employment Statistics (CES) program. The LAUS and CES programs are both federal-state
cooperative endeavors.
Labor force and unemployment--from the LAUS program
Definitions. The labor force and unemployment estimates are based on the same concepts and
definitions as those used for the official national estimates obtained from the Current Population
Survey (CPS), a sample survey of households that is conducted for the Bureau of Labor Statistics
(BLS) by the U.S. Census Bureau. The LAUS program measures employment and unemployment on
a place-of-residence basis. The universe for each is the civilian noninstitutional population 16 years
of age and over. Employed persons are those who did any work at all for pay or profit in
the reference week (the week including the 12th of the month) or worked 15 hours or more without
pay in a family business or farm, plus those not working who had a job from which they were
temporarily absent, whether or not paid, for such reasons as bad weather, labor-management dispute,
illness, or vacation. Unemployed persons are those who were not employed during the reference
week (based on the definition above), had actively looked for a job sometime in the 4-week period
ending with the reference week, and were currently available for work; persons on lay-off expecting
recall need not be looking for work to be counted as unemployed. The labor force is the sum of
employed and unemployed persons. The unemployment rate is the number of unemployed as a
percent of the labor force.
Method of estimation. Statewide estimates are produced using an estimation algorithm
administered by the BLS. This method, which underwent substantial enhancement at the beginning
of 2005, utilizes data from several sources, including the CPS, the CES, and state unemployment
insurance (UI) programs. Each month, census division estimates are controlled to national totals, and
state estimates are then controlled to their respective division totals. Substate estimates are controlled
to their respective state totals. For more information about LAUS estimation procedures, see the BLS
website at www.bls.gov/lau/laumthd.htm
Revisions. Labor force and unemployment data for the previous month reflect adjustments
made in each subsequent month, while data for prior years reflect adjustments made at the end of
each year. The monthly revisions incorporate updated model inputs, while the annually revised
estimates reflect updated population data from the U.S. Census Bureau, any revisions in the other
data sources, and model reestimation. In most years, historical data for the most recent five years
(both seasonally adjusted and not seasonally adjusted) are revised near the beginning of each
calendar year, prior to the release of January estimates.
Seasonal adjustment. The LAUS program introduced smoothed seasonally adjusted
(SSA) estimates in January 2010. These are seasonally-adjusted data that have incorporated a longrun trend smoothing procedure, resulting in estimates that are less volatile than those previously
produced. The estimates are smoothed using a filtering procedure, based on moving averages, to
remove the irregular fluctuations from the seasonally-adjusted series, leaving the trend. The same
process is used on both historical and current year estimates. For more information about the
smoothing technique, see the BLS website at www.bls.gov/lau/lassaqa.htm.
Area definitions. The substate area data published in this release reflect the standards and
definitions established by the U.S. Office of Management and Budget on February 28, 2013. A
detailed list of the geographic definitions is available online at www.bls.gov/lau/lausmsa.htm.
Employment--from the CES program
Definitions. Employment data refer to persons on establishment payrolls who receive pay for
any part of the pay period that includes the 12th of the month. Persons are counted at their place of
work rather than at their place of residence; those appearing on more than one payroll are counted on
each payroll. Industries are classified on the basis of their principal activity in accordance with the
2012 version of the North American Industry Classification System.
Method of estimation. CES State and Area employment data are produced using several
estimation procedures. Where possible these data are produced using a "weighted link relative"
estimation technique in which a ratio of current-month weighted employment to that of the previousmonth weighted employment is computed from a sample of establishments reporting for both
months. The estimates of employment for the current month are then obtained by multiplying these
ratios by the previous months employment estimates. The weighted link relative technique is
utilized for data series where the sample size meets certain statistical criteria.
For some employment series, relatively small sample sizes limit the reliability of the weighted linkrelative estimates. In these cases, BLS uses the CES small domain model (SDM) to generate
employment estimates. The SDM combines the direct sample estimates (described above) and
forecasts of historical (benchmarked) data to decrease the volatility of the estimates. For more
detailed information about the CES small domain model, refer to the BLS Handbook of Methods.
Annual revisions. Employment estimates are adjusted annually to a complete count of jobs,
called benchmarks, derived principally from tax reports that are submitted by employers who are
covered under state unemployment insurance (UI) laws. The benchmark information is used to adjust
the monthly estimates between the new benchmark and the preceding one and also to establish the
level of employment for the new benchmark month. Thus, the benchmarking process establishes the
level of employment, and the sample is used to measure the month-to-month changes in the level for
the subsequent months.
Seasonal adjustment. Payroll employment data are seasonally adjusted at the statewide
supersector level. In some states, the seasonally adjusted payroll employment total is computed by
aggregating the independently adjusted supersector series. In other states, the seasonally adjusted
payroll employment total is independently adjusted. Revisions of historical data for the most recent 5
years are made once a year, coincident with annual benchmark adjustments.
Reliability of the estimates
The estimates presented in this release are based on sample surveys, administrative data, and
modeling and, thus, are subject to sampling and other types of errors. Sampling error is a measure of
sampling variability--that is, variation that occurs by chance because a sample rather than the entire
population is surveyed. Survey data also are subject to nonsampling errors, such as those which can
be introduced into the data collection and processing operations. Estimates not directly derived from
sample surveys are subject to additional errors resulting from the specific estimation processes used.
Model-based error measures for seasonally adjusted and not seasonally adjusted data and for overthe-month and over-the-year changes to LAUS estimates are available online at
www.bls.gov/lau/lastderr.htm. Measures of sampling error for state CES data at the total nonfarm
and supersector levels are available online at www.bls.gov/sae/790stderr.htm.
Release Dates
The next unemployment update is scheduled for Wednesday, June 29, 2016 when the county
unemployment rates for May 2016 will be released.
The complete 2016 data release schedule can be accessed at:
http://www.nccommerce.com/lead/researchpublications/scheduleofreleasedates
May
2016
North Carolina
Labor Market Conditions
7.0
6.0
Percent
5.0 5.5
5.8
5.8
5.3
5.3
5.7
5.7
5.1
5.7
5.1
5.6
5.0
5.6
5.0
5.6
5.0
4.0
5.6
4.9
5.5
4.9
5.5
5.0
5.0
5.4
4.7
5.1
3.0
2.0
1.0
0.0
May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May
2015 2015 2015 2015 2015 2015 2015 2015 2016 2016 2016 2016 2016
United States
North Carolina
4,350
In Thousands
4,300
4,250
4,200
4,150
4,100
May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. March April May
2015 2015 2015 2015 2015 2015 2015 2015 2016 2016 2016 2016 2016
(Seasonally Adjusted)
+23.7
800
+2.4
700
+23.2
600
In Thousands
1
It is important to note that industry employment estimates are subject to large
seasonal patterns. Seasonal adjustment factors are applied to the data. However, these
factors may not be fully capturing the seasonal trend. Therefore, when interpreting the
changes in industry employment, it is advisable to focus on over-the-year changes in
both the seasonally adjusted and not seasonally adjusted series.
+7.3
-2.0
500
+12.9
400
300
200
-0.3
+6.4
+5.1
-0.7
100
Construction
Manufacturing
Trade,
Transportation
& Utilities
Information
Financial
Activities
May-15
Professional
& Business
Services
Education &
Health
Services
Leisure &
Hospitality
Services
Other Services
Government
May-16
*N.C. current month data are preliminary, while all other 2016 data are revised and 2015 data have undergone annual revision. U.S. data have undergone annual revision.
2.0
1.4
In Thousands
1.3
1.0
0.8
0.7
0.4
0.1
0.0
Transportation
Food
Equipment Manufacturing
Furniture &
Related
Product
Wood
Product
Plastics &
Rubber
Computer &
Electronic
Product
20.0
15.7
10.5
10.0
9.3
9.2
4.8
5.0
0.0
Accom. &
Food Services
Local
Government
4.0
Wholesale
Trade
825
800
In Dollars
In Thousands
15.0
775
750
725
700
May Sept. Jan. May Sept. Jan. May Sept. Jan. May Sept. Jan. May
2012 2012 2013 2013 2013 2014 2014 2014 2015 2015 2015 2016 2016